Thursday, July 15, 2010

Morning Update July 15th

Hey Everyone,

Like usual we have a range bound night in mostly everything. However we had some china gdp announcements, causing some upwards spikes in a lot of markets i.e. stocks, oil, euro etc. The euro is really trying to break out to the upside with volume and I believe don't try and fade it until volume starts to dissipate. For the oil markets and stock markets, we are pretty much watching yesterday's high and low. If we are going to formulate a move today, one of them should break.

Euro:


Stocks:


Oil:


Thanks and make a GREAT day!



Julian Marchese

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